CHP Valuation, page-2

Web, very similar way to how I have come up with my figures however I haven't factored VAMP in whatsoever nor have i CMY and I find your train of thought regarding Digital4ge retaining a 48% stake in VAMP similar to the way they did RFN also really intriguing.. I hadn't really entertained that thought because it is really hard to put any sort of % on holding so far away from listing, especially with all the types of the deals they could be brokering but I certainly hope you are right with that! Is it just a gut feeling?

This is my current valuation of CHP:
DSM - our current stake has been diluted to 32% whilst the entire project is now with $10m = $3.2m.
$3.2m/1,431,666,665 = .0022 per share

RFN - 7.2m shares x $1.215 = 8748000
/1,431,666,665
= .0061 per share

Cash and Investments - $2m
/1,431,666,665
= .0013 per share

= current valuation of .0096 per share

Mind you this is not factoring in our CMY stake as I am waiting for things to unfold for real value to be recognised, nor does it factor in our 15% stake in Digital4ge as I am of the belief the market is still valuing this entity on the performance of its sole spinout, RFN..

15% of Digital4ge will be worth $15million+ eventually to us, there is no way these people will list this at anything less.. couple more project rollouts, watch RFN grow to $2+ and release VAMP and then bang.. Digital4ge listing imo on the back of a very successful VAMP IPO.. Them listing is worth 1c+ to our share price if my prediction comes to fruiton.. we picked up that stake for 750k, or .0005 per share..

We also know of the numerous other projects they have in the pipeline.. I will post my future valuations either later tonight or tomorrow for those interested